Ryman Healthcare Limited (RH7.F,RYM.NZ), a New Zealand retirement village and rest home operator, on Tuesday reported a narrower net loss for the full year, helped by improved revenue, decreased costs, and an impairment credit.
Naomi James, Chief Executive of Ryman Healthcare said: "The reset of our operating model is delivering materially improved financial performance despite mixed market conditions and creating a more sustainable business."
For the 12-month period to March 31, the company posted a net loss of NZ$171.345 million, or NZ$0.16 per share, compared with a net loss of NZ$513.747 million, or NZ$0.72 per share, in the same period last year. Loss before income tax and fair value movements stood at NZ$73.309 million as against a loss of NZ$ 384.562 million in 2025.
Impairment credit was positive NZ$3.811 million, compared with an impairment loss of NZ$172.941 million a year ago. Finance costs were NZ$80.839 million as against finance costs of NZ$140.263 million in the prior year.
Operating revenue was up 10% to NZ$849 million, driven by new aged care capacity filling, growth in aged care premiums, and growing numbers of retirement living residents on new pricing terms.
Revenue was NZ$855.590 million, up from NZ$760.695 million in the previous year.
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